# Damac Towers By Paramount

Damac Towers By Paramount is a project by Damac Star Properties (L L C), recorded at 100% complete at its last Dubai Land Department inspection. 151 sales registered in the trailing 12 months at a median AED 1.65M (1 434 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

## Registry record

| Field | Value | Provenance |
|---|---|---|
| Developer | Damac Star Properties (L L C) | DLD verified |
| Status | Finished | DLD verified |
| Construction progress | 100% | DLD verified |
| Registered with DLD | 8 Nov 2008 | DLD verified |
| Construction started | 27 Mar 2008 | DLD verified |
| Declared completion | 23 Oct 2018 | DLD verified |
| Units in the project | 2 041 | DLD verified |
| Project area | 195 259 sqm | DLD verified |
| Escrow agent | Abu Dhabi Islamic Bank | DLD verified |
| Project number | 443 | DLD verified |

Damac Towers By Paramount is a project by Damac Star Properties (L L C), recorded at 100% complete at its last Dubai Land Department inspection. 151 sales registered in the trailing 12 months at a median AED 1.65M (1 434 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

| Measure | Value | Year on year |
|---|---|---|
| Median sale price | AED 1.65M | +4.5% |
| Interquartile range | AED 1.32M – AED 2.11M | |
| Median price per sqft | 1 434 AED | -7.7% |
| Registered sales, 12 months | 151 | -13.7% |
| Off-plan share | 0.0% | |

## By number of bedrooms

| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| 1-bedroom apartments | 62 | AED 1.42M | 1 456 | 945 sqft | — | — |
| 2-bedroom apartments | 34 | AED 2.00M | 1 325 | 1 515 sqft | — | — |
| 3-bedroom apartments | 23 | AED 2.55M | 1 460 | 1 747 sqft | — | — |
| 4-bedroom apartments | 1 | — | — | — | — | — |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|
| Sep 2026 | 15 | 1 319 | 1 294 – 1 465 |
| Aug 2026 | 7 | 1 376 | 1 234 – 1 447 |
| Jul 2026 | 10 | 1 299 | 1 224 – 1 458 |
| Jun 2026 | 14 | 1 401 | 1 284 – 1 485 |
| May 2026 | 8 | 1 413 | 1 306 – 1 551 |
| Apr 2026 | 9 | 1 402 | 1 220 – 1 554 |
| Mar 2026 | 8 | 1 425 | 1 211 – 1 466 |
| Feb 2026 | 6 | 1 392 | 1 377 – 1 690 |
| Jan 2026 | 10 | 1 500 | 1 408 – 1 561 |
| Dec 2025 | 10 | 1 452 | 1 405 – 1 580 |
| Nov 2025 | 13 | 1 648 | 1 491 – 1 948 |
| Oct 2025 | 10 | 1 491 | 1 363 – 1 710 |
| Sep 2025 | 10 | 1 601 | 1 444 – 1 763 |

## What these numbers do not show

- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.

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**Source:** Dubai Land Department open data, compiled by Continental Club Property  
**Data through:** 22 Oct 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/projects/damac-towers-by-paramount/  
**Suggested citation:** Continental Club Property, "Damac Towers By Paramount", Dubai Data, data through 22 Oct 2026, https://datadubai.ae/projects/damac-towers-by-paramount/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.